Quantitative Methods for Business

by Anderson, David R.; Sweeney, Dennis J.; Williams, Thomas A.

• ISBN13: 9780324044997
• ISBN10: 0324044992
• Edition: CD
• Format: Hardcover
• Copyright: 2000-05-12
• Publisher: South-Western College Pub

Summary

This revision of the classic Quantitative Methods for Business provides readers with a conceptual understanding of the role that quantitative methods play in the decision-making process. This text describes the many quantitative methods that have been developed over the years, explains how they work, and shows how the decision-maker can apply and interpret data. Written with the non-mathematician in mind, this text is applications-oriented. Its Problem-Scenario Approach motivates and helps the reader to understand and apply mathematical concepts and techniques. In addition, the managerial orientation uses examples that illustrate situations in which quantitative methods are useful in decision making.

Author Biography

David R. Anderson is Professor of Quantitative Analysis in the College of Business Administration at the University of Cincinnati Dennis J. Sweeney is Professor of Quantitative Analysis and Director of the Center for Productivity Improvement at the University of Cincinnati Thomas A. Williams is Professor of Management Science in the College of Business at Rochester Institute of Technology

Table of Contents

Introduction	1	(30)
Introduction to Probability	31	(28)
Probability Distributions	59	(37)
Decision Analysis	96	(52)
Utility and Decision Making	148	(17)
Forecasting	165	(51)
Introduction to Linear Programming	216	(55)
Linear Programming: Sensitivity Analysis and Interpretation of Solution	271	(52)
Linear Programming Applications	323	(68)
Transportation, Assignment, and Transshipment Problems	391	(46)
Integer Linear Programming	437	(41)
Project Scheduling: PERT/CPM	478	(36)
Inventory Management: Independent Demand	514	(51)
Inventory Management: Dependent Demand	565	(26)
Waiting Line Models	591	(42)
Simulation	633	(57)
Markov Processes	690	(24)
Multicriteria Decision Problems	714
Appendixes A--G	A-1
Index	I-1